Union Home Loan Acquires Mixed-Use Property On San Benancio Road In Salinas For $1.065M | 350 San Benancio Road | Union Home Loans | Jennifer Lopez | Mixed-use | Loan

Summary

Loan

CALIFORNIA

Mixed-use

8,580 sqft

Located at 350 San Benancio Road in Salinas, this mixed-use property spans 8,580 square feet. The asset consists of a horse ranch facility and a single-family residence, offering versatile opportunities for potential buyers.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $1,065,000
Date: 09/08/2023
Address: 350 San Benancio Road
Market: Salinas
Asset Size: 8,580 square feet

The loan for this property was secured through Union Home Loan, Inc. The lender provided a bridge loan with a 24-month term. This financing option was specifically tailored for the horse ranch facility and mixed-use single-family residence. In this transaction, Jennifer Lopez of United Finance & Investments Inc represented the borrower as the broker. Working closely with the lender, Lopez facilitated the loan process effectively to meet the client's needs.

Players

All
2

Agents
1
Lenders
1

Jennifer Lopez

Managing Director

Union Home Loans

Details

Deal Summary

FINANCED

IMAGE: Jennifer Lopez DATE: 09/08/2023 ADDRESS: 350 San Benancio Road MARKET: Salinas ASSET TYPE: Mixed-use ~ SF: 8,580 LENDER: Union Home Loan, Inc. LANDLORD: Billie Elaine Pennisi BROKERS: Jennifer Lopez - United Finance & Investments Inc (@Ufigroup.Re) LOAN AMOUNT: $1,065,000 LOAN TYPE: Bridge Loan LOAN TERMS: 24 month term for horse ranch facility/ mixed use single family residence

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Address350 San Benancio Road

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